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Side-by-side financial comparison of Claritev Corp (CTEV) and Gaming & Leisure Properties, Inc. (GLPI). Click either name above to swap in a different company.

Gaming & Leisure Properties, Inc. is the larger business by last-quarter revenue ($420.0M vs $246.6M, roughly 1.7× Claritev Corp). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs -32.7%, a 89.7% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 6.2%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs 2.5%).

Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 62 casino properties, all of which are leased to other companies.

CTEV vs GLPI — Head-to-Head

Bigger by revenue
GLPI
GLPI
1.7× larger
GLPI
$420.0M
$246.6M
CTEV
Growing faster (revenue YoY)
GLPI
GLPI
+0.1% gap
GLPI
6.3%
6.2%
CTEV
Higher net margin
GLPI
GLPI
89.7% more per $
GLPI
57.0%
-32.7%
CTEV
Faster 2-yr revenue CAGR
GLPI
GLPI
Annualised
GLPI
5.0%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CTEV
CTEV
GLPI
GLPI
Revenue
$246.6M
$420.0M
Net Profit
$-80.6M
$239.4M
Gross Margin
Operating Margin
-3.1%
79.4%
Net Margin
-32.7%
57.0%
Revenue YoY
6.2%
6.3%
Net Profit YoY
41.6%
40.5%
EPS (diluted)
$-4.88

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTEV
CTEV
GLPI
GLPI
Q1 26
$420.0M
Q4 25
$246.6M
$407.0M
Q3 25
$246.0M
$397.6M
Q2 25
$241.6M
$394.9M
Q1 25
$231.3M
$395.2M
Q4 24
$232.1M
$389.6M
Q3 24
$230.5M
$385.3M
Q2 24
$233.5M
$380.6M
Net Profit
CTEV
CTEV
GLPI
GLPI
Q1 26
$239.4M
Q4 25
$-80.6M
$275.4M
Q3 25
$-69.8M
$241.2M
Q2 25
$-62.6M
$151.4M
Q1 25
$-71.3M
$165.2M
Q4 24
$-138.0M
$223.6M
Q3 24
$-391.4M
$184.7M
Q2 24
$-576.7M
$208.3M
Operating Margin
CTEV
CTEV
GLPI
GLPI
Q1 26
79.4%
Q4 25
-3.1%
89.3%
Q3 25
4.1%
84.8%
Q2 25
6.9%
61.3%
Q1 25
4.2%
65.5%
Q4 24
-17.8%
79.1%
Q3 24
-146.7%
70.4%
Q2 24
-224.4%
77.1%
Net Margin
CTEV
CTEV
GLPI
GLPI
Q1 26
57.0%
Q4 25
-32.7%
67.6%
Q3 25
-28.4%
60.7%
Q2 25
-25.9%
38.4%
Q1 25
-30.8%
41.8%
Q4 24
-59.4%
57.4%
Q3 24
-169.8%
47.9%
Q2 24
-247.0%
54.7%
EPS (diluted)
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
$-4.88
$0.96
Q3 25
$-4.23
$0.85
Q2 25
$-3.81
$0.54
Q1 25
$-4.38
$0.60
Q4 24
$-8.49
$0.79
Q3 24
$-24.25
$0.67
Q2 24
$-35.78
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTEV
CTEV
GLPI
GLPI
Cash + ST InvestmentsLiquidity on hand
$16.8M
$274.5M
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$-173.9M
$5.0B
Total Assets
$4.9B
$13.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
GLPI
GLPI
Q1 26
$274.5M
Q4 25
$16.8M
Q3 25
$39.2M
Q2 25
$56.4M
Q1 25
$23.1M
Q4 24
$16.8M
$560.8M
Q3 24
$86.6M
$560.8M
Q2 24
$48.8M
$560.8M
Total Debt
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
$4.6B
$7.2B
Q3 25
$4.5B
$7.2B
Q2 25
$4.5B
$6.9B
Q1 25
$4.5B
$6.9B
Q4 24
$4.5B
$7.7B
Q3 24
$4.5B
$7.4B
Q2 24
$4.5B
$6.6B
Stockholders' Equity
CTEV
CTEV
GLPI
GLPI
Q1 26
$5.0B
Q4 25
$-173.9M
$4.6B
Q3 25
$-101.8M
$4.6B
Q2 25
$-39.9M
$4.6B
Q1 25
$14.8M
$4.2B
Q4 24
$84.0M
$4.3B
Q3 24
$207.6M
$4.3B
Q2 24
$603.4M
$4.1B
Total Assets
CTEV
CTEV
GLPI
GLPI
Q1 26
$13.8B
Q4 25
$4.9B
$12.9B
Q3 25
$5.0B
$12.8B
Q2 25
$5.1B
$12.5B
Q1 25
$5.1B
$12.1B
Q4 24
$5.2B
$13.1B
Q3 24
$5.3B
$12.7B
Q2 24
$5.7B
$11.8B
Debt / Equity
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
1.56×
Q3 25
1.57×
Q2 25
1.51×
Q1 25
304.87×
1.63×
Q4 24
53.67×
1.81×
Q3 24
21.73×
1.74×
Q2 24
7.48×
1.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTEV
CTEV
GLPI
GLPI
Operating Cash FlowLast quarter
$66.3M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
12.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
$66.3M
$1.1B
Q3 25
$19.9M
$240.3M
Q2 25
$61.2M
$293.4M
Q1 25
$-30.1M
$252.5M
Q4 24
$-33.4M
$1.1B
Q3 24
$72.8M
$270.4M
Q2 24
$18.5M
$252.1M
Free Cash Flow
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
$36.4M
Q3 25
$-16.3M
$183.0M
Q2 25
$36.6M
$272.3M
Q1 25
$-68.9M
$239.6M
Q4 24
$-63.8M
$1.1B
Q3 24
$41.1M
$261.5M
Q2 24
$-7.0M
$245.0M
FCF Margin
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
14.8%
Q3 25
-6.6%
46.0%
Q2 25
15.2%
69.0%
Q1 25
-29.8%
60.6%
Q4 24
-27.5%
275.3%
Q3 24
17.8%
67.9%
Q2 24
-3.0%
64.4%
Capex Intensity
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
12.1%
Q3 25
14.7%
14.4%
Q2 25
10.2%
5.3%
Q1 25
16.8%
3.3%
Q4 24
13.1%
0.0%
Q3 24
13.8%
2.3%
Q2 24
10.9%
1.9%
Cash Conversion
CTEV
CTEV
GLPI
GLPI
Q1 26
Q4 25
4.10×
Q3 25
1.00×
Q2 25
1.94×
Q1 25
1.53×
Q4 24
4.80×
Q3 24
1.46×
Q2 24
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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